A Latvian SIA (limited liability company) is a privately owned Limited Company with one or more persons or corporate bodies being the Members of the SIA, which can be from any legal jurisdiction worldwide.

Positioned at the crossroads of northern and eastern Europe, the Baltic state of Latvia is rapidly making the most of its EU membership. Corporate tax rate is fixed at 15%, one of the lowest in the EU. A company in Latvia is well positioned to be an effective European tool for trade between Western and Eastern European countries.